In Tokyo's foreign exchange market on the 28th, the yen was trading at around ¥157.22 to the U.S. dollar as of 5 p.m., strengthening by 86 sen from the level at the end of the previous week.
As of 5 p.m. on the 28th, the yen was trading at around ¥157.22 per U.S. dollar. Trading took place in the Tokyo market, and the latest exchange rate was reported to have settled around this range.
The range at the end of the previous week was said to have been around ¥157.08 to ¥157.09, making the current level an 86-sen strengthening of the yen by comparison. Some market participants also observed that short-term price movements had settled down.
The article contains no additional information on other figures or causal relationships, and does not provide a definitive explanation of the factors behind the yen's depreciation or appreciation on the day. It indicates that market participants should monitor future exchange-rate movements.
The information is based on reporting by Jiji Press, with the original report focusing on trading conditions in the Tokyo market and the comparison with the end of the previous week.